Auditors are responsible to prepare and examine financial records for any organization. They must ensure...
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Accounting
Auditors are responsible to prepare and examine financial records for any organization. They must ensure that financial records are accurate and that taxes are paid properly and on time. They also assess financial operations and work to ensure that organizations run efficiently. Therefore, it is important to assess the potential auditors based on their reputation for accessibility, timeliness, ability and industry expertise. Discuss the criteria for selecting the right auditors for a business according to the three classes of auditing standard namely general qualification standards, fieldwork standards and reporting standards. - Accounting Information System
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